Bank of Russia Cuts Dollar Rate to 73.34 Rubles, Euro to 85.9017
Published by WarSignal Editorial · Last updated
The Central Bank of Russia announced a new official exchange rate for the U.S. dollar, lowering it to 73.34 rubles as of May 14.
The ruble’s value against the euro was also adjusted, falling by 1 ruble and 47.74 kopecks to 85.9017 rubles.
The change reflects the bank’s ongoing efforts to manage currency volatility amid economic pressures.
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